Tez Romero

Tez Romero is a legal affairs writer at InvestmentNews, covering litigation, regulatory enforcement, and compliance matters that directly affect financial advisors, wealth managers, and investment firms across the United States. Her reporting spans SEC fraud actions, shareholder lawsuits, advisor non-solicitation disputes, employment litigation, and investor fraud cases involving wirehouses, registered investment advisors (RIAs), and alternative investment firms. Among the firms and regulators she has covered are Franklin Templeton, Wells Fargo, TIAA, FS KKR Capital, and Apollo Global Management.

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Tez Romero
Displaying 77 results
Legal: Shareholders accuse Ostin Technology of deepfake-driven $950M pump-and-dump scheme
REGULATION, LEGAL & COMPLIANCE FEB 17, 2026
Legal: Shareholders accuse Ostin Technology of deepfake-driven $950M pump-and-dump scheme

Real advisor names, AI deepfake videos, and a 94% single-day crash — all allegedly connected.

Legal: Former advisor sues TIAA, alleges firm destroyed his career after disability request
REGULATION, LEGAL & COMPLIANCE FEB 17, 2026
Legal: Former advisor sues TIAA, alleges firm destroyed his career after disability request

He ranked in the top ten and accumulated nearly $900 million in assets. Then he asked for help — and lost his job.

Legal: Investors sue ex-Goldman Sachs banker Bannon over alleged crypto fraud
REGULATION, LEGAL & COMPLIANCE FEB 13, 2026
Legal: Investors sue ex-Goldman Sachs banker Bannon over alleged crypto fraud

Frozen wallets, missing millions, and undisclosed insider fees fuel the allegations.

Investors sue Kyndryl after SEC probe triggers 55% stock crash
REGULATION, LEGAL & COMPLIANCE FEB 12, 2026
Investors sue Kyndryl after SEC probe triggers 55% stock crash

CFO ousted, auditor's opinion in question, and investors want answers.

Investors sue Oracle, allege executives dumped $1.87B amid AI hype
REGULATION, LEGAL & COMPLIANCE FEB 05, 2026
Investors sue Oracle, allege executives dumped $1.87B amid AI hype

The suit flags a red flag advisors know well: insider selling before the fall.

Legal: Investors sue BlackRock TCP for allegedly overstating net asset value
REGULATION, LEGAL & COMPLIANCE FEB 04, 2026
Legal: Investors sue BlackRock TCP for allegedly overstating net asset value

Shareholders claim they were kept in the dark about deteriorating portfolio health

Investors sue Florida attorney, allege $150 million PE fund theft scheme
REGULATION, LEGAL & COMPLIANCE FEB 03, 2026
Investors sue Florida attorney, allege $150 million PE fund theft scheme

Lawsuit claims fund managers siphoned millions while blocking investor returns.

Lawsuit accuses underwriters of enabling pump-and-dump using stolen advisor identities
REGULATION, LEGAL & COMPLIANCE FEB 03, 2026
Lawsuit accuses underwriters of enabling pump-and-dump using stolen advisor identities

Scammers allegedly impersonated real advisors on WhatsApp to lure retail investors.

Investors accuse transfer agent, IR firm of concealing shares in $300M fraud
REGULATION, LEGAL & COMPLIANCE FEB 02, 2026
Investors accuse transfer agent, IR firm of concealing shares in $300M fraud

Plaintiffs allege service providers hid 240 million shares from regulators for weeks.

SEC charges adviser with allegedly stealing $9.8M from elderly client
REGULATION, LEGAL & COMPLIANCE FEB 02, 2026
SEC charges adviser with allegedly stealing $9.8M from elderly client

Funds allegedly bankrolled a multi-million-dollar home, luxury cars, and vacation properties.